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Jan 2, 2013
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there were not enough votes, so that is why we are facing this fiscal cliff right now. nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the blame. i have another question to ask. obama asked for complete congressional powers about being able to pull up and give any amount of money that he wanted, taking those powers away from the house. i think that is completely ludicrous. as far as the last caller asking out the democrats and republicans, that me see, if the democrats put a bill together and the republicans don't vote for it, they are mad at it, but if the republicans put a bill and let's say cave to the democrats, there is no bipartisan. i have never seen the democrats actually cave and take care of the fiscal cli
there were not enough votes, so that is why we are facing this fiscal cliff right now. nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the...
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Jan 1, 2013
01/13
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cliff right now. we're looking forward to anderson and kathy. they're coming up at the top of the hour. stand by for that. >>> looks like a deal. we're follow the breaks news. we'll see if the senate actually does have a roll call vote on the floor of the senate within the next two hours. jessica yellin is over at the white house watching what's going on. you put it in good perspective earlier, dana bash is up on the hill. if there's a deal, jessica, if the senate does vote tonight, are you hearing anything that we might also hear at some point tonight from the president of the united states? >> i think that it is new year's eve and president obama wouldn't want to do anything that would say or do anything to derail this process in any way. i do not expect to hear from the president tonight. i would not be surprised if we hear from him, wolf, tomorrow at some point. and i do think that we know he's been on the phone with both harry reid and nancy pelosi so he has been hard at work and i also know he h
cliff right now. we're looking forward to anderson and kathy. they're coming up at the top of the hour. stand by for that. >>> looks like a deal. we're follow the breaks news. we'll see if the senate actually does have a roll call vote on the floor of the senate within the next two hours. jessica yellin is over at the white house watching what's going on. you put it in good perspective earlier, dana bash is up on the hill. if there's a deal, jessica, if the senate does vote tonight,...
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Dec 27, 2012
12/12
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so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 250,000 and up. then he went to 400,000. what kind of compromise do we need from both side to get a deal done so that i don't have to keep boring people with this term fiscal cliff? >> right. to really get the deal done right you need about 4 troll trillion to get us back on track. that means pro-growth tax reform, entitlement reform
so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal...
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Jan 1, 2013
01/13
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yolo and fiscal cliff. >> what's trending right now? >> are these trending? it's a good look, isn't it? happy new year, everybody. these are my new prescription glasses. i'm going to wear them the reps of the year. >> big things in store for you. >>> with the new year new laws and some don't make sense. >> we'll let you know where you can no longer sell shark fins. i didn't know that you could sell them. that's coming up. ♪ >>> what about these? >> i didn't know that your hit lit up. come here, step in front of the camera. his hat lights up. we really got ripped off. look at that. i'm going to borrow this, actually. you can have my pink one. >> there's going to be a lot of things you can no longer do in 2013. >> in california, there are 800 new laws that go into effect today. pink is your color, by the way. linsey davis has the rundown of some of the more unusual new rules. >> reporter: when the ball drops, it's all about out with the old and in with the new. new laws that is. some that are rather unusual. like public act 97743 in illinois, which imposes a
yolo and fiscal cliff. >> what's trending right now? >> are these trending? it's a good look, isn't it? happy new year, everybody. these are my new prescription glasses. i'm going to wear them the reps of the year. >> big things in store for you. >>> with the new year new laws and some don't make sense. >> we'll let you know where you can no longer sell shark fins. i didn't know that you could sell them. that's coming up. ♪ >>> what about these?...
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Dec 31, 2012
12/12
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, is that the right way to start the negotiation with two days left before the fiscal cliff or shouldn't he sit down and hammer out a deal with the senate republicans and house republicans. do you think a deal gets done? >> i do think a deal will get done. i think it might january 1st. i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on saturday. house republicans were cozy and doing nothing on the fiscal cliff. john bone bone took himself out of the negotiations and abdicated responsibility and said he would dole with whatever the senate and president had come to. i happening there is a lot of good proprosals on the table and something will get done, too. >> dave: it appears that senate republicans came a long way in sharing their desire for no taxes raised on the wealthy. $550,000 thres hold for couples is a significant compromise. but can they get anything through the house in terms of getting republican votes today? >> i don't think that wil
, is that the right way to start the negotiation with two days left before the fiscal cliff or shouldn't he sit down and hammer out a deal with the senate republicans and house republicans. do you think a deal gets done? >> i do think a deal will get done. i think it might january 1st. i think we will briefly go over the fiscal cliff. the president worked on the issue months and months. the entire "crisis" is an issue of congress' own making . he was taping the meet the press on...
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Dec 28, 2012
12/12
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>>> just days away from the fiscal cliff right now. can lawmaker reach a last- minute deal in time? a live report from capitol hill coming up. >> plus, a u.s. general way memorable military career has passed away. a look at the life and legacy of desert storm commander norman schwarzkopf. >> a redskins-cowboys preview with dave ross a little bit later. fox 5 morning news continues right now. right now. >> you can see how clear it is. clearly. friday, december 28th. good morning. i'm sarah simmons. h simmons. >> let's talk to tucker barnes about the weather. >> we are looking fine. it is chilly out there. kind of seasonbury chilly. temperatures back in the low to mid-30s and we'll be in for a decent day. about maybe 40, 42 today, partial sunshine. so friday looks good. tomorrow, things get a little more interesting as we've got this winter event on the way. not a huge event but it is an event. >> it is an event but not quite an event. >> okay. i'm just excited about it. >> you are allowed to be excite about it. we don't want to scare people. >> i know. i won't. >> 33 this morning at
>>> just days away from the fiscal cliff right now. can lawmaker reach a last- minute deal in time? a live report from capitol hill coming up. >> plus, a u.s. general way memorable military career has passed away. a look at the life and legacy of desert storm commander norman schwarzkopf. >> a redskins-cowboys preview with dave ross a little bit later. fox 5 morning news continues right now. right now. >> you can see how clear it is. clearly. friday, december 28th....
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Dec 29, 2012
12/12
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we can still avoid going over the fiscal cliff if the president and the democrat control senate step forward this week and work with republicans to solve this problem and solve it right now. host: joseph rosenberg, your thoughts on what the senator had to say. guest: well, look, i'm not interested in getting in the middle of the political back and forth. you know, i think the main -- the first idea is similar to an earlier caller about this sort of insufficiency of only taxing the rich. and that's certainly a valid point. i think, again, there's -- you need to draw a distinction between what we're currently talking about the immediate issue of what our tax system will look like next year and then -- and separating that from the longer term issues of tax and spending in which there are, you know, real philosophical differences about the role of government in social insurance in providing health care and how we're going to raise revenue going forward. host: our next caller comes from chris in houston, texas on our line for democrats. go ahead, chris. caller: hi. i'm just saying that pa
we can still avoid going over the fiscal cliff if the president and the democrat control senate step forward this week and work with republicans to solve this problem and solve it right now. host: joseph rosenberg, your thoughts on what the senator had to say. guest: well, look, i'm not interested in getting in the middle of the political back and forth. you know, i think the main -- the first idea is similar to an earlier caller about this sort of insufficiency of only taxing the rich. and...
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Jan 1, 2013
01/13
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republicans are leaving right now to talk about how to hand the fiscal cliff. house republican leader eric cantor says he can't support the senate bill. democrats are urging house leaders to let members vote on this bill. >> a raging fire tore through a church in a county today. they are devastated today and investigators are trying to determine the cause and church leaders trying to find a place to worship on sunday. >> at the stroke of midnight same-sex couples began getting married. seven couples tied the note early this morning. they were the force to take advantage of the new law legalizing same-sex marriage. and same-sex marriage is recognized in nine states. there are many other new laws that go sby effect today. we break down some of the new intrigues new laws. >> in california driverless car ace allowed on the highways. a human still had has to be in the passenger seat and californians can use their smartphones to prove they have insurance. >> it is a wonderful thing. if you have your insurance with you all the time, we have our drivers license on ther
republicans are leaving right now to talk about how to hand the fiscal cliff. house republican leader eric cantor says he can't support the senate bill. democrats are urging house leaders to let members vote on this bill. >> a raging fire tore through a church in a county today. they are devastated today and investigators are trying to determine the cause and church leaders trying to find a place to worship on sunday. >> at the stroke of midnight same-sex couples began getting...
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Dec 27, 2012
12/12
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kenneth vogel, talk about what is happening with the fiscal cliff right now in the major divisions within the republican party. you follow the conservative movement within the republican party. >> i think that is the story of the fiscal cliff stalemate, much as it was last year with the stalemate over increasing the debt ceiling. it is, in fact, these tea party members who are elected first in the conservative wave of 2010 when republicans took back the house, and subsequently, there were some additions to the sort of tea party caucuses in both the house and senate in 2012, but many fewer. in fact, many tea party members lost their re-election bid in 2012. it is hard to generalize, but you could look at a number of them and say that this sort of souring of public opinion on the tea party as a result of their perceived unwillingness to compromise in 2011 over the debt ceiling negotiations probably was held against them, probably heard not only them in their reelection bid, but also republicans more broadly and republican brand, because they are perceived to be the party of in transient as
kenneth vogel, talk about what is happening with the fiscal cliff right now in the major divisions within the republican party. you follow the conservative movement within the republican party. >> i think that is the story of the fiscal cliff stalemate, much as it was last year with the stalemate over increasing the debt ceiling. it is, in fact, these tea party members who are elected first in the conservative wave of 2010 when republicans took back the house, and subsequently, there were...
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Dec 30, 2012
12/12
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what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles from adam chance campbell wrote on my facebook page. y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush ta
what we are seeing is more and more people right now as congress looks that the fiscal cliff, talking about the things that concerns them. i want to tell you, some things watching right now who think the country should goefrt fiscal cliff, a quote i got there on facebook, talking about this, this one says let's go over it. it is long overdue and we need several more just like t some politicians see it as the easiest way of implementing long overdue cuts without endless congressional squabbles...
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Jan 1, 2013
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cnn's coverage of the fiscal cliff continues right after this.
cnn's coverage of the fiscal cliff continues right after this.
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Dec 30, 2012
12/12
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avoid the fiscal cliff and people's taxes going up or do nothing and let it happen. we didn't want to be in that position, but speaker boehner pulled out of the deal a week and a half ago. it's not fair to blame the president. >> but i've got to ago you this question because this is one f the big sticking points left. whose taxes go up, people making over $250,000 as the president wants or republicans suggested nobody or people making over a million dollars, but you, senator schumer, had proposed raising taxes only on those making over a million dollars. and i want to take a look at what you said about this proposal going up $250,000 last year. you said "in the eyes of many, it is hard to ask households making $250,000 or $300,000 a year. in large parts of the country, that kind of income does not get you a big home or lots of vacations or anything else that is associated with wealth. it also would affect too many small businesses." weren't you right back then when you said it would be wrong to raise taxes on those? >> we offered that to our republican colleagues two
avoid the fiscal cliff and people's taxes going up or do nothing and let it happen. we didn't want to be in that position, but speaker boehner pulled out of the deal a week and a half ago. it's not fair to blame the president. >> but i've got to ago you this question because this is one f the big sticking points left. whose taxes go up, people making over $250,000 as the president wants or republicans suggested nobody or people making over a million dollars, but you, senator schumer, had...
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Dec 31, 2012
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. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline, of course, just hours away. if lawmakers wind up kicking the can down the road, they may want to come up with a way of saying so. that son the annual list of words to be ban issued. spoiler alert, trending and bucket list, not surprisingly the phrase that got the most nominations this year, fiscal cliff. so that brings us to this morning's squawk on the tweet. what other phrases should be banned and why. and remember, try and keep it clean. tweet us at squawk street. we've got your responses throughout the morning. fiscal cliff definitely has to go. >> i can't wait for hash tag to go away. >> we'll start hearing about the debt ceiling in two months. >> a ban on 2013's list. >> have a great new year. >> you as well. i have no special plans. i have a 3-month-old daughter -- >> that's very special. >> i'm prohibited from going anywhere. we have dinner reservations about 4:30 p.m., though. >> early birds. >> happy new year. >> same to you. >> presidents of americans for tax
. >> he'll be back on wednesday, in time to trade the fiscal cliff. all right. the deadline, of course, just hours away. if lawmakers wind up kicking the can down the road, they may want to come up with a way of saying so. that son the annual list of words to be ban issued. spoiler alert, trending and bucket list, not surprisingly the phrase that got the most nominations this year, fiscal cliff. so that brings us to this morning's squawk on the tweet. what other phrases should be banned...
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Dec 31, 2012
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cliff. >> all right. amman, aside from the impact on businesses, right, there's also this impact particularly on lower income americans. >> right. >> you have the payroll tax, which is scheduled also -- the payroll tax cut is scheduled to expire, which would increase taxes on people who are paying that from 4.2ers perz to 6.2%. . what impact would that have on individual spending? isn't that one of the more stimulating stacks cuts that was passed in 2009? >> that was designed as a short-term stimulus. people see that immediately in their paycheck, and the idea was nelled immediately go out and spend it. s people have been spending it. once that goes up, you will see less money in your paycheck as a result of the payroll tax cut not being extended this time around. both democrats and republicans agree not to extend it. neither party kind of likes that tax cut, but for different reasons. so for a lot of political reasons, that's not in this debate right now. that thing has been left aside, and we're talking
cliff. >> all right. amman, aside from the impact on businesses, right, there's also this impact particularly on lower income americans. >> right. >> you have the payroll tax, which is scheduled also -- the payroll tax cut is scheduled to expire, which would increase taxes on people who are paying that from 4.2ers perz to 6.2%. . what impact would that have on individual spending? isn't that one of the more stimulating stacks cuts that was passed in 2009? >> that was...
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. >> all right. in other major story it was not a good time for lawmakers in the senate working through the night to reverse the effects of the fiscal cliff. >> and a vote came in the wee hours of the new year's and tahman bradley has more on this last-ditch session. kind of ruined some politicians' night, didn't it? >> reporter: exactly right. happy new year to you, paula and john. the senate bill passed in the wee hours of the morning with overwhelming support and heads to the house where its fate is uncertain. as americans rang in the new year, the senate was in session in the middle of the night passing a bill after the fiscal cliff deadline had gone by. >> i think we can say we've done some good for the country. >> reporter: since lawmakers missed the midnight deadline nearly every american wakes up with higher taxes but congress can undo those tax hikes if the house passes the senate's bill. vice president biden, who was instrumental in brokering the deal, told reporters he's hopeful it can get
. >> all right. in other major story it was not a good time for lawmakers in the senate working through the night to reverse the effects of the fiscal cliff. >> and a vote came in the wee hours of the new year's and tahman bradley has more on this last-ditch session. kind of ruined some politicians' night, didn't it? >> reporter: exactly right. happy new year to you, paula and john. the senate bill passed in the wee hours of the morning with overwhelming support and heads to...
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Dec 26, 2012
12/12
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and we will be following the fiscal cliff talks tomorrow. and clayton, you'll be hear, right? >> clayton: i will. so send us any of your questions as well and your thoughts. our -- go to our web site for the after the show show. >> gretchen: happy new year, everybody. gregg: fox news alert. powerful winter storm bringing deadly weather. >> oh, wow. that is a tornado. jesus, look at that tornado. it is like two tornados. it is two funnels on the frowned. oh, lord. look at there. wow! look at that. gregg: the storm system that produced those tornados in parts of the south not done yet. now posing a potentially major roadblock for countless holiday travelers. hello, i'm gregg jarrett in for bill hemmer. >> i'm patti ann browne in for martha maccallum patti ann: local crews said there is only one thing that could have accused the damage. >> one thing they saw damage indicative of tornado damage. we had homes 90% destroyed. that doesn't happen with straight line winds. >> you have a lot of damage. people hurt and i went out with the skid steer. we rounded up equipment. we started o
and we will be following the fiscal cliff talks tomorrow. and clayton, you'll be hear, right? >> clayton: i will. so send us any of your questions as well and your thoughts. our -- go to our web site for the after the show show. >> gretchen: happy new year, everybody. gregg: fox news alert. powerful winter storm bringing deadly weather. >> oh, wow. that is a tornado. jesus, look at that tornado. it is like two tornados. it is two funnels on the frowned. oh, lord. look at...
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Dec 28, 2012
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it's the fiscal cliff every year, believe me. >> it is, oh, yeah. all right. happy birthday. she a mrs. williams? >> she used to be. she's mrs. bond. so happy birthday. >> all right, gentlemen. you know, you solved nothing, neither one of you. but thank you for coming on. we appreciate it. >> thanks, guys. >> happy new year. >> coming up, gold prices coming under a lot of pressure in the final trading sessions 2012. but will the yellow metal once again become a precious investment, a priceless call when we return? >> comments, questions? send them to @squawkcnbc on twitter. follow the show and look for updates from andrew, becky, joe and the "squawk" staff. "squawk box" on cnbc, and on twitter. ee, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more
it's the fiscal cliff every year, believe me. >> it is, oh, yeah. all right. happy birthday. she a mrs. williams? >> she used to be. she's mrs. bond. so happy birthday. >> all right, gentlemen. you know, you solved nothing, neither one of you. but thank you for coming on. we appreciate it. >> thanks, guys. >> happy new year. >> coming up, gold prices coming under a lot of pressure in the final trading sessions 2012. but will the yellow metal once again become...
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Dec 28, 2012
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cliff, right? come back to work and let a majority in the house, republicans and democrats, work their will. let democracy work to protect the middle class. it is essential we pass the extension of unemployment insurance. that is why the president has been very clear on that since day one that it should be a part of any plan. these are people who are out of work through no fault of their own. they are looking for jobs in what is still a tough economy and providing unemployment benefits provide more security for those americans and their families, but it is good for everyone else also. those people have a little bit more money in their pockets to spend on goods and services to support their family which is good for everyone else. when they are spending money, businesses can sell more goods and services and we have some small business representatives here who know very well that the more people have money in their pockets, the more customers they have with money, the more they can sell their goods an
cliff, right? come back to work and let a majority in the house, republicans and democrats, work their will. let democracy work to protect the middle class. it is essential we pass the extension of unemployment insurance. that is why the president has been very clear on that since day one that it should be a part of any plan. these are people who are out of work through no fault of their own. they are looking for jobs in what is still a tough economy and providing unemployment benefits provide...
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Dec 28, 2012
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i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole sequester was a way to deal with this later. and corker, i think, on some of the morning shows this morning, senator corker said the worst case today would be to set up another later deadline that would keep the hard questions -- >> and i think a lot of this is so abstract, but if those milk prices go up for people around this country, that's going to be the thing that gets people really animated. >> that and payroll taxes, if they go up, that will hit a lot of americans across the board. >> interesting to see a lot of the stocks today that have exposure to dairy futures, whether it's an hsy, who knows? i haven't even
i think both sides are looking at if fiscal cliff right now and saying, well, we could go over this thing. it wouldn't be the end of the world and that's a very different view in washington than it is on wall street. i can tell you that. >> eamon, thanks. i know you've got a long day ahead, a long afternoon as well. eamon javers in washington. >> isn't it unbelievable. you have this huge, looming problem, i'll wait until later this afternoon to deal with it. >> and the whole...
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Jan 1, 2013
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. >> john boehner is not endorsing the agreement on the so-called fiscal cliff. he has promised to vote on it right away. he is expected to encounter opposition. one camp earlier said, "it's three strikes in my book and i will be voting no on this bill." the legislation would impose a hardship and fall short on addressing the need in spending. president obama praised the agreements. coats to place on the other side of the capital on issues other than the so-called fiscal cliff. -- votes took place on the other side of the capital. extra cash for the fight against al qaeda and the fight against foreign governments trying to spy on the united states. mike rogers said the bill holds personnel levels at last year's level. dutch ruppersberger said the bill invests in programs that are working and cuts things that are not. the house meets today at noon eastern. watch the house live on c-span tv. those are some of the latest headlines on c-span radio. [video clip] >> a lot of people that i know looking back on the last 40 years will say that ever since apollo, the space
. >> john boehner is not endorsing the agreement on the so-called fiscal cliff. he has promised to vote on it right away. he is expected to encounter opposition. one camp earlier said, "it's three strikes in my book and i will be voting no on this bill." the legislation would impose a hardship and fall short on addressing the need in spending. president obama praised the agreements. coats to place on the other side of the capital on issues other than the so-called fiscal cliff....
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Dec 27, 2012
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align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll likely go off the cliff because of the republicans. >> it's interesting. this morning i talked to congressman e moon yule cleaver and part of the issue deals with the house rules. they have to have 48-hours notice to come back to washington, d.c. republicans also have a rule -- >> like there are
align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and...
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Dec 28, 2012
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we need the fiscal cliff resolved right away. this uncertainty causes great harm to the country, and we need very aggressive plans to reformulate our budget so that we don't have to have this uncertainty hanging over us so freakedly. you know, right now, american factories have a 20% price differential with competitors all through the the world. we need our system to be more competitive so we can grow. if we raise taxes on the job creators, on the factory owners, what happens is we'll be less competitive. the 20% will grow. we'll have less factories built here in america. it's very important that washington starts working out deals right away so that the fiscal cliff can be history, and we can focus on building factories, higher people, growing. dagen: well, they are not listening to you, drew. i hate to break it to you. in the interim, your company makes wire baskets and does sheet metal fabrication. based on what you see, how much of your own customers pulled back? have you seen layoffs? have you seen spending cuts ahead of the
we need the fiscal cliff resolved right away. this uncertainty causes great harm to the country, and we need very aggressive plans to reformulate our budget so that we don't have to have this uncertainty hanging over us so freakedly. you know, right now, american factories have a 20% price differential with competitors all through the the world. we need our system to be more competitive so we can grow. if we raise taxes on the job creators, on the factory owners, what happens is we'll be less...
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cliff and everything that we're not right now so let's let's play the clip there. and when you look at the final agreement that we came to the white house you know i got ninety eight percent of what i wanted i'm pretty happy folks do you think is still pretty happy to do that you regret saying that i mean come on i think that they are speakership is just a list of regrets where the obama presidency has been a list of sore forced crisis c s i was in a room an off the record meeting with the hill staffers when this deal was sort of being given to them and a very senior guy gainers office said that basically the president is exactly where we want him that was august of two thousand and eleven and here we are now everyone assumed that the debt limit would at least go until seven larry and geitner just before we went on the air sent a letter to congress saying that we're actually going to run out of cash on monday which is probably the real reason why the president came home well i think republicans. at the time boehner saying that thought that president obama was going
cliff and everything that we're not right now so let's let's play the clip there. and when you look at the final agreement that we came to the white house you know i got ninety eight percent of what i wanted i'm pretty happy folks do you think is still pretty happy to do that you regret saying that i mean come on i think that they are speakership is just a list of regrets where the obama presidency has been a list of sore forced crisis c s i was in a room an off the record meeting with the hill...
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Dec 26, 2012
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cliff talk, anything you would buy right here? >> well, i would say, you know, first of all, i might push back a little bit. i think that the market has been a little bit complacent. i think the market believes that -- than common sense will prevail in this, and i -- i -- as i keep saying i believe that the calculus of congress is complex. it doesn't follow the normal accounting results, and so we just assumed that everything is going to be fine and in that sense we believe that the tail risks regarding the fiscal cliff have not really been fully priced in. we do believe there's risk here. if we can get past this, then clearly i think we've got a very positive environment given all the other good things that have been said over and above that, that if we go over the cliff, if there's a real possibility, then we'll see consumer incomes go down and like i said earnings expectations are likely to be revised lower, so what do we like fundamentally? >> pretty defensive areas in many cases there? >> i would say that -- >> thank you. we'
cliff talk, anything you would buy right here? >> well, i would say, you know, first of all, i might push back a little bit. i think that the market has been a little bit complacent. i think the market believes that -- than common sense will prevail in this, and i -- i -- as i keep saying i believe that the calculus of congress is complex. it doesn't follow the normal accounting results, and so we just assumed that everything is going to be fine and in that sense we believe that the tail...
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Dec 28, 2012
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conversation about the fiscal cliff. now down to the wire. caller: washington, d.c., the belly of the beast. we have a $16 trillion deficit right now. we have the deficit because of social security, medicaid, medicare, welfare, food stamps -- all policies put into effect by the democratic party. everything is socialism. thomas jefferson said it best -- the republic is doomed. people sacrifice -- i'm a libertarian. i am more objective. i'm not a republican or democrats. i have to wonder if i want to live in this country. 29% of americans got some kind of assistance when ronald reagan was president. i have to consider and i'm considering moving to a tropical island and watching america go down the drain. we need to abolish social security, medicare, and medicaid. host: i will stop you there. we appreciate your thoughts. joseph says -- will go back to stay but by the president on the passing of norman schwarzkopf. host: "his legacy will e ndure." back to your calls. caller: good morning. god bless us. [indiscernible] where is the love? .e're at
conversation about the fiscal cliff. now down to the wire. caller: washington, d.c., the belly of the beast. we have a $16 trillion deficit right now. we have the deficit because of social security, medicaid, medicare, welfare, food stamps -- all policies put into effect by the democratic party. everything is socialism. thomas jefferson said it best -- the republic is doomed. people sacrifice -- i'm a libertarian. i am more objective. i'm not a republican or democrats. i have to wonder if i...
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Dec 31, 2012
12/12
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that's what this whole fiscal cliff debate is all about, right? it's about taking money out of the economy. it's about slowing job growth. it's about the potential for a recession in the beginning part of this year, and 9.1% unemployment by the end of the year because of all the money taken out. so what they're doing here is critical stuff. you heard about how this whole process taking a hatchet in the efforts of budget control, when you should use a scalp peel but congress has shown any willingness. >> christine, thank you very much. we'll get your perspective on the other side of the president's address. it's about 15 minutes away or so. he will speak at the white house addressing the american people essentially about the updates on the talks with republicans. it has been the vice president, vice president biden, and the republican senate minority leader mitch mcconnell who have been in negotiations and discussions. we'll see just how far they have gotten and whether or not there is something real that has been put on the table. we're going to h
that's what this whole fiscal cliff debate is all about, right? it's about taking money out of the economy. it's about slowing job growth. it's about the potential for a recession in the beginning part of this year, and 9.1% unemployment by the end of the year because of all the money taken out. so what they're doing here is critical stuff. you heard about how this whole process taking a hatchet in the efforts of budget control, when you should use a scalp peel but congress has shown any...
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Dec 26, 2012
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as we near that fiscal cliff, will there be a deal? also tonight, an abc news exclusive. barbara walters at the white house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america. the great christmas challenge. >> i know, i know your show. >> she knew, and so did thousands of others. tonight, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect being felt coast to coast. the monster storm system stretching from indiana to maine, all t
as we near that fiscal cliff, will there be a deal? also tonight, an abc news exclusive. barbara walters at the white house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america. the great christmas challenge. >> i know, i know your show. >> she knew, and so did thousands of others. tonight, the big reveal. the videos you sent in, the made in...
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Dec 29, 2012
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right. >> that's discussed as part of a fiscal cliff deal, but many believe that will end up hurting the economy, giving a disincentive to invest money? was that just focused on the real wealthy? >> i hear that argument a lot. number one is, i'm really tired of our tax policy decisions. you know, everything, being made by what the market's going to do in the next quarter. this is about aberration of the tax code and grossly unfair. say they raise top tax rate to 39.6% for those making more than $500,000. that means a lot of small businesses will are paying that nearly 40% marginal tax rate where you have billionaire private equity funds paying 15, 20, even 24, depending where they put it. it's not an issue of penalizing investment income. it's an issue of penalizing labor, and those who make their income through wages. both are legitimate and both should be taxed at the same rate. so i do -- again, fundamental tax reform could solve this problem, but at least raising the capital gains rate would help address this anomaly and susan collins and claire mccaskill have a proposal to try t
right. >> that's discussed as part of a fiscal cliff deal, but many believe that will end up hurting the economy, giving a disincentive to invest money? was that just focused on the real wealthy? >> i hear that argument a lot. number one is, i'm really tired of our tax policy decisions. you know, everything, being made by what the market's going to do in the next quarter. this is about aberration of the tax code and grossly unfair. say they raise top tax rate to 39.6% for those...
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Dec 30, 2012
12/12
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now, do any of you want to be the person who stands up and destroys america by violating the fiscal cliff? do you want to explain that you are so out of touch of life that you don't care america's going to die late on thursday? [laughter] it's all right if that's the kind of person you are, because we just need to know it now because we're never going to schedule it. [laughter] after all, you're or clearly weird. [laughter] so let me start with the fiscal cliff idea and say there is no fiscal cliff. let me say second act conservatives and republicans -- about conservatives and republicans who are demoralized, get over it. we had a bad election. we did a number of stupid things. we faced an opponent who worked harder than we did, did some clever things. ronald reagan, one of his most important single statements is february 1975 in washington at the conservative political action committee meetingment now, i was part of this. i ran in '74. i've had no sense of timing. so i picked watergate to run in. [laughter] i'm in georgia. i'm a yankee-born army brat with a strange accent, a weird name r
now, do any of you want to be the person who stands up and destroys america by violating the fiscal cliff? do you want to explain that you are so out of touch of life that you don't care america's going to die late on thursday? [laughter] it's all right if that's the kind of person you are, because we just need to know it now because we're never going to schedule it. [laughter] after all, you're or clearly weird. [laughter] so let me start with the fiscal cliff idea and say there is no fiscal...
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Dec 28, 2012
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cliff, right? come back to work and let a majority in the house, republicans and democrats, work their will. let democracy work to protect the middle class. it is essential we pass the extension of unemployment insurance. that is why the president has been very clear on that since day one that it should be a part of any plan. these are people who are out of work through no fault of their own. they are looking for jobs in what is still a tough economy and providing unemployment benefits provide more security for those americans and their families, but it is good for everyone else also. those people have a little bit more money in their pockets to spend on goods and services to support their family which is good for everyone else. when they are spending money, businesses can sell more goods and services and we have some small business representatives here who know very well that the more people have money in their pockets, the more customers they have with money, the more they can sell their goods an
cliff, right? come back to work and let a majority in the house, republicans and democrats, work their will. let democracy work to protect the middle class. it is essential we pass the extension of unemployment insurance. that is why the president has been very clear on that since day one that it should be a part of any plan. these are people who are out of work through no fault of their own. they are looking for jobs in what is still a tough economy and providing unemployment benefits provide...
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Dec 25, 2012
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cliff? >> oh, yeah, i would be. you know, i think it is remarkable that right after the election we get this thing that comes right up in our faces that basically outlines in bold relief the differences in the two ideas about how we go forward in this country. it is really excellent timing, and we may have to go over the cliff, if it is forced into it. but this idea that you bring down the cost of medicare by making it available to more people is a terrible idea of mr. boehner's. the idea -- i would be terribly upset, along with many of my friends, if obama compromised too much on what needs to happen that is called the fiscal cliff. >> do you think a prominent third-party would help our country? >> i felt strongly about that when i supported john anderson in 1979. he was -- a large part of anderson's campaign was to sue the state ballot procedure into allowing third parties to have more access to the electoral process. i would like to see a third party available, but that, too, seems like a
cliff? >> oh, yeah, i would be. you know, i think it is remarkable that right after the election we get this thing that comes right up in our faces that basically outlines in bold relief the differences in the two ideas about how we go forward in this country. it is really excellent timing, and we may have to go over the cliff, if it is forced into it. but this idea that you bring down the cost of medicare by making it available to more people is a terrible idea of mr. boehner's. the idea...
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Dec 27, 2012
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if not for the so-called fiscal cliff debate they're trying to strike a deal on. that would be also on other legislation that would come up with 113th congress. democrats want to ensure they have 55 votes when the 113th congress begins on january 3rd. >> senior political editor mark murray for us on this thursday, appreciate it, sir. >> thank you, craig. >>> outrage of russian president vladimir putin's decision to sign a bill to block americans from adopting russian children and a video of a squarm bursting in a shopping mall. details on that story around the "news nation." [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better unde
if not for the so-called fiscal cliff debate they're trying to strike a deal on. that would be also on other legislation that would come up with 113th congress. democrats want to ensure they have 55 votes when the 113th congress begins on january 3rd. >> senior political editor mark murray for us on this thursday, appreciate it, sir. >> thank you, craig. >>> outrage of russian president vladimir putin's decision to sign a bill to block americans from adopting russian...
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Dec 27, 2012
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over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but you reason he won't even try to pass that bill, is because he doesn't want the optics with the bill being passed with mostly democrats. bainers wants it a majority of the majorities, that that will be mostly republicans passing it. that's impossible, because republicans, you can't even get 10 or 20 of them to agree on anything they think is a tax hike. so you have a stalemate of boehner's over design. >>> ryan, to you, please responds to what joann said. a year ago, did you think -- yeah, we knew this was going to happen, did yo
over the fiscal cliff. but i think what is important is what harry reid said, there's a bill you could pass in the house, for the house to pass the senate bill is quickest. you can't do it because you have all the democrats and nancy pelosi can whip her caucus, she maas lie one or two, and then you need about 30 republicans, but boehner -- >> arguing the senate bill is more partisbipartisan. >> it means only 2% of people would pay the 39% tax rate on everything above 250, right? but...
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Dec 29, 2012
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the fiscal cliff happening right now. what kind of government should we have and what sort of taxes and spending and who should pay what and end the year with a story about everything that touching scenion do with government that we have been arguing about since the start of the election. >> greta: let's have some fun stuff. linn sanity. >> i particularly enjoyed linn sanity. a wonderful story because he was a guy who came from out of no where who had been cut, released, overlooked by other people but also just didn't fit the type of an nba star are that we see in the modern era. an asian american. a short guy who basically took hold of the team in the biggest media market in the country and led the new york nixon this terrific winning streak. petered out a little bit. still needs to work on turnovers. having mixed success in houston. that was sentimentally that was my favorite story of the year. >> greta: for 2013, pay attention to africa. you mentioned the arab spring but i think africa is and what is going on there wil
the fiscal cliff happening right now. what kind of government should we have and what sort of taxes and spending and who should pay what and end the year with a story about everything that touching scenion do with government that we have been arguing about since the start of the election. >> greta: let's have some fun stuff. linn sanity. >> i particularly enjoyed linn sanity. a wonderful story because he was a guy who came from out of no where who had been cut, released, overlooked...
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Dec 24, 2012
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so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio suary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> phil wilson can't hear us now. sorry about the difficulty with your hearing device. let's talk about the president going off the fiscal cliff or not. >> i think it is crystal clear that that is the case. his response was to offer, what he called, a small proposal. extend another $30 billion, no spending cuts and let's go back to my tax plan. that is not trying to move the ball forward. that is rubbing sal
so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith...
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our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insuran
our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan...
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Jan 1, 2013
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technically the nation went over the fiscal cliff when the new year began. but practically the senate pulled a parachute that should soften the fall. about 2:00 a.m. eastern, senators passed a round of compromises with a vote of 89-8. i said should. this deal is far from done. now it is up to the house to stop $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote is not scheduled. multiple house members took to the floor today to say their vote will be no. >> the current agreement with the fiscal cliff was agreed to, we're told, somewhere around 11:30 last night. the bill was voted on at 2:00 in the morning. now, again this is new year's eve. i don't know how many senators between midnight and 2:00 a.m. in the morning had a chance to thoroughly read this agreement that is 157 pages long. you see, this is not how we should run our government. this is drama. unnecessary drama. >> so what did the senators pass? well, it was very long bill, 157 pages. there are a host of tax credit extensions, medicare extensions, and a lot more. bu
technically the nation went over the fiscal cliff when the new year began. but practically the senate pulled a parachute that should soften the fall. about 2:00 a.m. eastern, senators passed a round of compromises with a vote of 89-8. i said should. this deal is far from done. now it is up to the house to stop $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote is not scheduled. multiple house members took to the floor today to say their vote will be no. >>...
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well to a special edition, the fiscal cliff edition. we're over the fiscal cliff. i'm john berman. >> i'm ali velshi. it's hard to do this after that crazy night of partying. >> yeah, right. i'm christine romans. zoraida is off today. it's 5:00 a.m. in the east. let's get you started. >>> of course as you all know because you were glued to it all night, america kicked off the new year by falling offer the fiscal cliff. but, in breaking news this morning, we're talking just hours ago, there is now a deal in place that could cushion that blow. here's what happened while you were sleeping. or sipping champagne or doing something else. on eleventh hour agreement crafted by vice president joe biden and mitch mcconnell in the senate has been passed by the senate by a margin of 89-8. that vote just took place a couple hours ago. now, it's up to the republican-controlled house to take up that plan later this morning, and that is where it gets very interesting. if the house approves, and it's a big if, the deal would generate an estimated $600 billion in new revenues over t
well to a special edition, the fiscal cliff edition. we're over the fiscal cliff. i'm john berman. >> i'm ali velshi. it's hard to do this after that crazy night of partying. >> yeah, right. i'm christine romans. zoraida is off today. it's 5:00 a.m. in the east. let's get you started. >>> of course as you all know because you were glued to it all night, america kicked off the new year by falling offer the fiscal cliff. but, in breaking news this morning, we're talking just...
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. >> like the fiscal cliff negotiations with the jets right there. sanchez had his best game of the season in week one against the bills. he threw for three touchdowns. the jets won back then. >>> to the nba, where the nets gave avery johnson his walking papers yesterday. they fired him after 2 1/2 years with the team. the nets who had high expectations because of a new arena, have slumped badly over the past month. they're 14-14 right now. sitting in seventh place right now in the eastern conference standings. yesterday, johnson addressed the call to let him go. >> you're a .500 team, two more home games at home that something like this would happen. this is ownership's decision. this is what we sign up for, i talked to you about this a couple of days ago, this is part of our business, fair or unfair, it doesn't matter. >> the nets assistant p.j. carlesimo will become the interim head coach. espn reports that phil jackson is the top target as the replacement. jackson's agent told him that he has no interest in coaching the nets. >>> coming up on mor
. >> like the fiscal cliff negotiations with the jets right there. sanchez had his best game of the season in week one against the bills. he threw for three touchdowns. the jets won back then. >>> to the nba, where the nets gave avery johnson his walking papers yesterday. they fired him after 2 1/2 years with the team. the nets who had high expectations because of a new arena, have slumped badly over the past month. they're 14-14 right now. sitting in seventh place right now in...
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. >> it's just not right. it's just insanity. insanity. >> reporter: on capitol hill lawmakers address how to address this issue as they face another problem, another stalemate in fiscal cliff negotiations. >> our republican colleagues by refusing to go along with revenues are risking the fiscal cliff. >> i think we're going to fall out of the fiscal tree. >> reporter: confidence at a minimum. lawmakers return from their holiday recess on thursday and when they do, they will have their work cut out for them. i'm danielle leigh. veronica. back to you. >> thank you so much. >>> the pentagon says the commanding officer of s.e.a.l. team 4 has died. joe w. price died saturday of what u.s. military officials are calling a non-combat related injury. they tell nbc news his death death is being investigated as a possible suicide. s.e.a.l. team 4 was part of a mission to train local afghan police to combat the taliban. >>> in the meantime, what's being called a possible insider attack, a civilian american advisor was killed by a woman wear
. >> it's just not right. it's just insanity. insanity. >> reporter: on capitol hill lawmakers address how to address this issue as they face another problem, another stalemate in fiscal cliff negotiations. >> our republican colleagues by refusing to go along with revenues are risking the fiscal cliff. >> i think we're going to fall out of the fiscal tree. >> reporter: confidence at a minimum. lawmakers return from their holiday recess on thursday and when they do,...
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thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is made permanent. well, i just think that's grossly unfair. grossly unfair. as i have said before, no deal is better than a bad deal, and this looks like a very bad deal the way this is shaping up. >> so, senator kuhns, is $400,000 on individuals a bad deal as tom harken described, it or is some deal better than no deal at this point? >> well, first, let's just talk about our broader values and the context we're operating in. given the real financial strains on our federal budget, given divided government where the house is controlled by republicans, the s
thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends...